159 Route 3, Palermo, ME 04354
Property image
Property image
OFF MARKET

$304,900

Trulia Estimate
  • 3 Beds
  • 1.5 Baths
  • 1,680 sqft (on 6.60 acres)

159 Route 3, Palermo, ME 04354

Est. Refi. Payment $1,951/mo*
Refinance Your Home
Currently Off Market - Sold Dec 14, 2023 for $158,000

Home Value

Trulia Estimate
$305K
Since last month
Increased$1K (+0.3%)
Since last year
Increased$18K (+6.4%)
Since last sale
Increased$148K (+93.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +79% in the last 10 years
MonthEstimated value
2026
August 2026$306K
August 2026$305K
July 2026$305K
June 2026$311K
May 2026$301K
April 2026$301K
March 2026$305K
February 2026$295K
January 2026$294K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
247 Route 3, Palermo, ME
0.13
Single-Family Home
$290,000
10/27/25
2
2
2,153
2 Route 3, Palermo, ME
0.35
Single-Family Home
$295,000
07/08/26
3
1
1,120
19 Grace Lane, Palermo, ME
0.35
Single-Family Home
$220,000
01/15/26
2
2
1,208
241 Parmenter Road, Palermo, ME
1.12
Single-Family Home
$405,000
11/05/25
3
1.5
972
65 Snowberry Lane, Palermo, ME
0.90
Single-Family Home
$391,000
11/25/25
3
2.5
2,240
126 N Palermo Road, Palermo, ME
0.80
Single-Family Home
$460,950
09/16/25
3
2.5
2,240
45 Snowberry Lane, Palermo, ME
0.90
Single-Family Home
$355,000
06/26/26
3
2.5
2,240
421 Cain Hill Road, Palermo, ME
1.73
Single-Family Home
$270,000
10/17/25
2
1
1,008
1150 Parmenter Road, Palermo, ME
1.91
Single-Family Home
$91,000
02/07/26
2
1
576

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
247 Route 3, Palermo, ME 04354
0.12
$296,500
2
2
2,153
Off Market
405 Branch Mills Road, Palermo, ME 04354
0.14
$358,800
2
1.5
1,589
Off Market
386 Branch Mills Road, Palermo, ME 04354
0.19
$99,900
4
1
1,040
For Sale
376 Branch Mills Road, Palermo, ME 04354
0.31
$258,200
3
1
1,392
Off Market
2 Route 3, Palermo, ME 04354
0.35
$295,000
3
1
1,120
Recently Sold
19 Grace Lane, Palermo, ME 04354
0.35
$220,000
2
2
1,208
Recently Sold
429 Route 3, Palermo, ME 04354
0.51
$281,700
3
1
864
Off Market
138 Branch Mills Road, Palermo, ME 04354
0.56
$475,900
5
3
2,488
Off Market
110 Branch Mills Road, Palermo, ME 04354
0.62
$177,500
2
1
1
Off Market
21 Water Street, Clinton, ME 04927
0.79
$149,900
2
1
1,077
For Sale
126 N Palermo Road, Palermo, ME 04354
0.80
$471,900
3
2.5
2,240
Off Market

Local Information

  • Map ViewExplore the area around 159 Route 3.
  • Schools1 Elementary School1 Middle School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1988
6.6 acre lot
1,680 sqft
$181/sqft
Last check for updates: about 7 hours ago
Listed by Adams Realty
Bought with: Palmer Realty Group
Source: Maine Listings, MLS#1573907

About this House

This 3BR, 1.5BA Cape needs some TLC but is a great deal! Sits on 6.6 acres of rolling wooded land, covered porch, mud room and a full daylight walk-out basement. The detached building has water and had electric heat (heater is gone) or could easily be turned into a 2-car garage.
159 Route 3, Palermo, ME 04354 is a 3 bedroom, 2 bathroom, 1,680 sqft single-family home built in 1988. It last sold for $158,000 on Dec 14, 2023 (10% below the $175,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $304,900, with a rent estimate of $2,369/month.

Home Details for 159 Route 3

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Interior Entry,Daylight,Full,UnfinishedNumber of Rooms: 6Types of Rooms: Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Living Room, Mud Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1680 Square Feet
Heating & Cooling
Heating: Baseboard,Hot Water,Space HeaterNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Laminate, Vinyl
Levels, Entrance, & Accessibility
Floors: Laminate, Vinyl

Exterior Features

Exterior Home Features
Roof: Metal ShinglePatio / Porch: PorchNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Gravel,On Site
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Private Sewer
Finished Area
Finished Area (above surface): 1680 Square Feet

Property Information

Year Built
Year Built: 1988
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Cape Cod
Building
Construction Materials: Wood Frame, Vinyl Siding

Price & Status

Price
List Price: $175,000
Status Change & Dates
Off Market Date: Wed Oct 25 2023

Media

Location

Direction & Address
City: Palermo

Building

Building Area
Building Area: 1680 Square Feet

Lot Information

Lot Area: 6.6 Acres

Miscellaneous

BasementMls Number: 1573907Above Grade Unfinished Area: 1680

Price and Tax history

DateEventPrice
Dec 14, 2023
Source: Maine Listings #1573907
Sold
$158,000
Nov 2, 2023
Source: Maine Listings #1573907
Pending
$175,000
Oct 25, 2023
Source: Maine Listings #1573907
Contingent
$175,000
Oct 23, 2023
Source: Maine Listings #1573907
PriceChange
$175,000
Price decreased by 10%
Oct 4, 2023
Source: Maine Listings #1573907
Listed For Sale
$194,900

Market trends in Palermo

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
17
2MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Palermo

At least 3 Trulia users voted on each feature.

  • 100 % Say car is needed

  • 100 % Say there's wildlife

  • 100 % Say parking is easy

  • 90 % Say neighbors are friendly

  • 80 % Say they plan to stay for at least 5 years

  • 75 % Say there's holiday spirit

  • 75 % Say people would walk alone at night

  • 67 % Say it's dog friendly

  • 67 % Say kids play outside

  • 60 % Say yards are well-kept

  • 50 % Say there are community events

  • 50 % Say it's quiet

  • 25 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Ambergebers
    "I’ve lived in this area for a year, I don’t know any of my neighbors. They all keep to themselves and haven’t welcomed us to the community since we are “outsiders”."
    2
    Flag
  • Jb4ever9102
    "I've lived in this town for 10 years, it's a nice town, friendly people ect. School system is pretty good, since it's small kids get more of a one on one with teachers. Overall nice quiet town "
    1
    Flag
  • Lynn r.
    "This is a very friendly area. Great area for boating and fishing, minutes from 3 lakes and a state park. 5 minute drive to nearest grocery store. A couple excellent restaurants in the area. Only 20 miles to the ocean! "
    0
    Flag

LGBTQ Local Legal Protections

Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Zillow Inc. 415 Congress St #202 Portland, ME 04101 206-424-8443

Frequently asked questions about 159 Route 3

  • What is 159 Route 3 estimated to be worth?
    Trulia's estimated value for 159 Route 3 in Palermo, ME is $304,900.
  • What is the price history for 159 Route 3?
    159 Route 3 in Palermo, ME last sold for $158,000 in December 2023.
  • Is Palermo a buyer's or seller's market?
    Palermo is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 159 Route 3?
    The closest schools to 159 Route 3 in Palermo, ME are Palermo Consolidated School (Elementary/Middle, rated 6/10).
  • How big is the lot at 159 Route 3?
    The lot at 159 Route 3 in Palermo, ME is about 6.6 acres.
  • Does 159 Route 3 have parking?
    Yes, 159 Route 3 in Palermo, ME has on-site parking.

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